Castaways Resort & Spa, Mission Beach - FOR SALE

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Property Id : 31108
Price: Expression of Interest
Land Size: 11,115 m2
Rooms: 47
Land Tenure: Freehold
Year Opened: 1986
Management: Vacant Possession

JLL Hotels & Hospitality Group is exclusively appointed to offer for sale Castaways Resort & Spa, Mission Beach (the “Property” or “Resort”). The Resort offers 200 metres of irreplaceable, absolute beachfront land on the pristine Mission Beach, being the only truly beachfront resort between Cairns and Noosa. The location provides exquisite views over the Coral Sea, Great Barrier Reef beyond, surrounding islands and the UNESCO World Heritage wet tropics.

Offered with vacant possession of brand and management, the Resort provides a wide range of accommodation. Well known for its Buko Restaurant & Cocktail Bar, as well as it’s 25 metre beachfront swimming pool, the Property also includes a private beachside villa and a standalone conference & event space, as well as a day spa.

The Property provides a unique range of future expansion and development opportunities, offering an incoming owner the opportunity to expand and enhance the current Resort, or utilise the existing approval to build a new five-storey, 220-key luxury resort.

Mission Beach and the Cassowary Coast region is currently experiencing a boom in both tourist visitation and resort investment.  The entire TNQ region is experiencing unprecedented demand with domestic tourist flocking to the region.  Cairns operators have reported huge uplift in occupancy, ADR’s and RevPAR levels significantly above 2019 levels already and that is before welcoming inbound international tourists back on mass.

Expressions of Interest are now being invited for Castaways Resort & Spa, Mission Beach.

Other Features
Conference and meeting spaces
Gymnasium
Restaurant

Adam Bury

Executive Vice President, Investment Sales | Head of Hotel Debt Advisory

Gareth Closter

Senior Vice President, Investment Sales - Mid Markets
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Adam Bury